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Mitsubishi Estate London to partner with L&G in £275m Hammersmith office scheme (UK)
hammersmith

Legal & General Property, on behalf of its managed fund, has sold a 50% stake to Mitsubishi Estate London, in its proposed 250,000ft² (23,226m²) office scheme at 245 Hammersmith Road, ...

Piotrkowska 155 receives building permit (PL)
warsaw

Piotrkowska 155, the commercial complex integrated with a Hampton by Hilton hotel, has just received its final building permit. This will be the city’s highest office building at 76m high with ...

Large FMCG occupiers in Russia preferring leased offices over purchased premises (RU)
office

Fast-moving consumer goods (FMCG) producers in Russia such as Nestle, Johnson & Johnson, Procter & Gamble, PepsiCo and Coca-Cola prefer to lease rather than purchase office premises, ...

Occupancy costs increase 2.4% year-over-year worldwide
office

Hong Kong has become the world’s highest-priced office market and Asia continued to top the list of the world’s most expensive office locations, accounting for four of the top five ...

Ballymore instructs Savills and GBR Phoenix beard at Three Snowhill in Birmingham (UK)
birmingham

Ballymore has instructed Savills and GBR Phoenix Beard as joint letting agents for the office element of Three Snowhill, Birmingham. The circa £200m (€253.6m) scheme is the largest ever ...

KGAL acquires Eiffel Square Office Buidling in Budapest (HU)
eiffel square office building

KGAL has purchased the Eiffel Square Office Building in Budapest, adding a prime asset in Hungary to its property portfolio. The purchase of the building from UK fund manager Europa Capital signals ...

UK serviced office sector to see jump in value by 2025
office work

The UK serviced office sector is projected to increase in value significantly by 2025, to £62bn (€78bn) on conservative projections and £126bn (€158.5bn) on more optimistic ...

Valad Europe acquires Val d’Ecully office building in Lyon (FR)
val d'ecully

Valad Europe has acquired the Val d’Ecully office buildings in Ecully, Lyon for €6.5m. The 4,552m² asset was acquired for its Valad European Diversified Fund (VEDF).   Val ...

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